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The only direct withdrawals from PayPal in Kenya are those made through Equity Bank. It is from here that one can then use their EAZY 24/7 Mobile Banking to get their money to M-Pesa.
Withdrawals from Paypal to the Equity Bank member's account takes between five to eight days after which transfering it to your M-Pesa account will be instant.
However, there are many vendors such as wisemoneykenya.com who exchange PayPal to Mpesa for a fee. These their charges are on the higher side as compared to the charges that one could incur when done through the bank. Nevertheless they offer convenience for people who need their cash immediately. You will usually get your money in no more than 10 minutes after paying the invoice sent to you.
The cash is delivered to your Mpesa account as soon as 15minutes after paying an invoicesent to you through Paypal.
What else can I help you with?
Can PayPal withdraw money from my bank account?
Yes, PayPal can withdraw money from your linked bank account if you have authorized them to do so.
Can PayPal withdraw funds directly from your bank account?
Yes, PayPal can withdraw funds directly from your linked bank account if you have authorized it to do so.
Can PayPal withdraw funds directly from my bank account without my authorization?
No, PayPal cannot withdraw funds directly from your bank account without your authorization.
Can someone withdraw money from my PayPal account without my permission?
No, someone cannot withdraw money from your PayPal account without your permission. PayPal has security measures in place to protect your account from unauthorized access.
Will PayPal automatically withdraw funds from my bank account?
Yes, PayPal can automatically withdraw funds from your linked bank account if you have authorized it to do so for payments or transactions.
How do I claim the money for my eBay sales from my PayPal account?
When a buyer pays you with PayPal, the money (less the PayPal fee) goes into your PayPal account. From there, you can either use the funds to pay for your own online purchases (assuming that the seller accepts PayPal), or you can draw the money down into your own bank account. To withdraw the money, log into PayPal and use the Withdraw tab and you can then select how much you want to transfer to your bank account. Once initiated, it takes a few days for the money to arrive. If you aren't already "PayPal verified", you'll need to go through this process before you can withdraw any funds and you'll find information on how to become verified once you log into your PayPal account.
You don't have a credit card and use PayPal but you don't know if can you spend the money in the account?
Any money you have in your PayPal account is yours. You can spend the money with any online retailer who accepts PayPal or you can withdraw it to your bank/checking account. To withdraw the money you need to be "verified" and if you haven't already been through the procedure, you'll find a link telling you exactly what you need to know on your PayPal account summary page.
Can PayPal overdraft my bank account?
PayPal cannot directly overdraft your bank account. However, if you link your bank account to PayPal and make a purchase that exceeds your PayPal balance, PayPal may attempt to withdraw the funds from your linked bank account, which could potentially result in an overdraft if there are insufficient funds available.
Is PayPal available in Kenya?
From 27th August, 2010, PayPal users in Kenya can send and receive money in their accounts. However, at the time this answer was being typed, local withdrawals were still unsupported, and for those who wished to withdraw money from their PayPal accounts had to use a US based account. PayPal was reportedly shopping for a suitable local bank to support local withdrawals.
What is the mode of payment through www.uvioo.com pays?
The mode of payment through which you can withdraw money from UVIOo is Paypal.
Can you withdraw funds from PayPal back to your bank?
Yes, you can. Log into your PayPal account and use the "withdraw" tab and, provided that your PayPal account has been verified, you can transfer money back to your bank acount. There is a small charge for withdrawals below a certain limit. In the UK, PayPal charge 25p for withdrawals of less than £50, whereas withdrawals of £50 or more are free. Charges applicable to other countries can be seen in the link given below.
How can you accept money through PayPal if you don't have a Visa card?
You can register your bank (or checking) account to your PayPal account and use that to both send and receive funds. To withdraw money from PayPal to your bank account, you need to go through the verification process.
